Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,566 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2222 SHARON AVE S E MINNEAPOLIS MN 55414 | G ERIC & JEAN BAUER | RESIDENTIAL-TWO UNIT | $345,800 | 62 ft |
| 208 EMERALD ST S E MINNEAPOLIS MN 55414 | STAR ANISE PROPERTIES LLC | RESIDENTIAL | $326,900 | 79 ft |
| 201 BEDFORD ST S E MINNEAPOLIS MN 55414 | L OVENSHIRE & R OVENSHIRE | RESIDENTIAL | $263,000 | 113 ft |
| 205 BEDFORD ST S E MINNEAPOLIS MN 55414 | ANGELA K BRAIN REV TRUST | RESIDENTIAL | $542,600 | 115 ft |
| 212 EMERALD ST S E MINNEAPOLIS MN 55414 | KATIE TROTZKY/RANDALL SMITH | RESIDENTIAL | $298,000 | 127 ft |
| 209 BEDFORD ST S E MINNEAPOLIS MN 55414 | G & J BAUER | RESIDENTIAL | $444,300 | 136 ft |
| 2215 SHARON AVE S E MINNEAPOLIS MN 55414 | MARK C COX | RESIDENTIAL | $226,300 | 154 ft |
| 2219 SHARON AVE S E MINNEAPOLIS MN 55414 | LAKES & PLAINS LLC | RESIDENTIAL | $412,100 | 155 ft |
| 2223 SHARON AVE S E MINNEAPOLIS MN 55414 | R W SUN & M L WILSON | RESIDENTIAL | $274,700 | 168 ft |
| 215 BEDFORD ST S E MINNEAPOLIS MN 55414 | SIGRID D COATS | RESIDENTIAL | $372,200 | 170 ft |
Most Recent Sale
Current Tax Year